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Multichannel powers 12% rise in weekly sales at John Lewis
Fri, 3 Sep 2010 08:45 GMT
Department store chain John Lewis posted a sales rise of 12.2% to £57.8m last week, driven by a strong online and fashion performance.
Sector fears cause general retailers to be downgraded
Fri, 3 Sep 2010 00:00 GMT
Broker Singer has downgraded forecasts for 17 general retailers by up to 10% because of fears about sector prospects.
Clas Ohlson plans store acquisition drive as it aims to go nationwide
Fri, 27 Aug 2010 00:00 GMT
Swedish DIY, homewares and electricals retailer Clas Ohlson has laid out plans for a store acquisition drive to create a nationwide chain.
Fri, 27 Aug 2010 00:00 GMT
Upmarket cooker retailer and favourite of the middle classes Aga has opened a new format store in Sheffield as it aims to widen its appeal.
Fri, 27 Aug 2010 10:12 GMT
Home specialist Fired Earth has continued to make a loss despite increasing customer numbers, its parent company the Aga Rangemaster Group said.
John Lewis posts weekly sales rise of 10.5%
Fri, 27 Aug 2010 08:49 GMT
Sales at John Lewis department stores rose 10.5% last week to £52m, driven once again by the fashion department.
John Lewis opens second At Home store
Thu, 26 Aug 2010 09:31 GMT
John Lewis today opens its second At Home store, in Croydon
MFI brand back from the dead following £250k deal
Fri, 20 Aug 2010 07:00 GMT
Brand relaunch marks a new chapter in the furniture retailer’s tumultuous history
Growing pains at TK Maxx blamed for tumbling profits
Thu, 19 Aug 2010 10:32 GMT
TJX Companies, the US parent of off-price retailer TK Maxx and homewares chain HomeSense, has blamed the poor second quarter performance of its European business on operations in the UK and Ireland.
Retailers in Scotland suffer worst like-for-like slide in 10 years
Wed, 18 Aug 2010 10:49 GMT
Retail like-for-likes in Scotland suffered their worst fall in 10 years during July - with the exception of April this year because of Easter distortions - when they slipped 1.4% year on year. Total sales advanced 0.8% in the month - the weakest growth since April 1999.
United Carpets warns positive results will be hard to replicate
Fri, 13 Aug 2010 00:00 GMT
Floorings specialist United Carpets posted full-year results ahead of expectations but weaker current trading led to downgrades of this year’s profit forecasts.
Flying Brands turnaround continues apace
Fri, 13 Aug 2010 00:00 GMT
Home shopping group Flying Brands is confident that renewed focus on its core gardening and gifts offer and a push for more online sales will strengthen the business as it continues with its turnaround.
Next update and BRC data hits retail stocks
Fri, 13 Aug 2010 00:00 GMT
Retail stocks were left on the shelf following downbeat reports last week from Carpetright and Next and gloomy BRC July retail sales data this week.
Morrisons runs pilot for expanded homewares
Fri, 6 Aug 2010 00:00 GMT
Morrisons is piloting an expanded homewares range in the Thornbury store near to its headquarters in Yorkshire under the name Your Home.
John Lewis first-half sales growth of 15% unlikely to be sustained says Andy Street
Fri, 6 Aug 2010 08:37 GMT
Sales at department store chain John Lewis rose 14.9% in the first half, or 12.6% excluding VAT.
Wolfson and Harris: tough times in store
Fri, 6 Aug 2010 00:00 GMT
Bellwether retailers Carpetright and Next spooked the City on Tuesday with cautious updates presaging punishing times for the stores sector.
Wickes predicts tough times ahead for big-ticket market
Fri, 6 Aug 2010 00:00 GMT
DIY retailer Wickes anticipates a punishing big-ticket market for years to come as consumer confidence dips and the outlook for mortgage approvals is weak.
Furniture chain Mark Elliot rescued from administration
Thu, 5 Aug 2010 09:23 GMT
Furniture chain Mark Elliot has been bought out of administration by investor SKG Capital.
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